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Press
Lexington, Mass. — (BUSINESS WIRE) — July 29, 2015 — Imprivata® (NYSE: IMPR), a leading provider of IT security and identity solutions to the healthcare industry, today announced financial results for three and six months ended June 30, 2015. Revenues for the three months ended June 30, 2015 were $30.0 million, an increase of 29% from revenues of $23.2 million for the same period in 2014. Revenues for the six months ended June 30, 2015 were $55.6 million, an increase of 30% from revenues of $42.7 million for the same period in 2014.
Blog
According to the Centers for Disease Control and Prevention (CDC) there are nearly 23,000 deaths caused by overdoses of prescription medications every year. That's more than the number of deaths from cocaine and heroin combined. States have responded with new legislation, including New York’s I-STOP requirements, which mandate the electronic transmission of all prescriptions, including prescriptions for controlled substances, by March 27, 2016.
Blog
Studies have shown that providers spend less than 25% of their time performing direct patient care. The rest of the time they spend accessing patient records and documenting in the EMR (25%), communicating with colleagues (20%), documenting medications, or entering orders and prescriptions (20%).
Blog
Effective March 27th, 2016, the Internet System for Tracking Over-Prescribing (I-STOP) Act requires electronic prescribing of all medications, including controlled substances, in the state of New York. There are many requirements for Electronic Prescribing of Controlled Substances (EPCS) and for I-STOP. Prescribers must use e-prescribing software that has been certified and audited, complete an identity proofing process, obtain two-factor authentication for each prescription, in accordance with Drug Enforcement Agency (DEA) regulations, and register substance e-prescribing software with the Bureau of Narcotic Enforcement (BNE).
News
While most other industries have enjoyed a decades-long marriage with the Internet, in health care, we’re still in the “getting to know you” phase, working to establish a level of trust. Understandably, there are major concerns in our industry surrounding data integrity, both in and outside of the firewall.
News
Thieves use stolen personal data to get treatment, drugs, and medical equipment. An estimated 2.3 million adults were affected by medical identity theft last year. Some hospitals are turning to new technology such as biometric screening to confirm patient identities.
News
Cambridge Health Alliance will be among the first big hospital operators in the state to roll out new technology that allows doctors to electronically send prescriptions for controlled substances directly to pharmacies. Hospital officials say next month’s small but important software upgrade will improve monitoring of prescriptions and reduce fraud and counterfeiting.
News
Lexington health care technology company said Thursday that it has acquired a small firm that makes a product with big potential: a palm-scanning patient identification system.
Imprivata Inc. said it will pay $19 million, plus up to $7 million in additional payments over the next two years, for HT Systems of Tampa . HT Systems sells a system that helps hospitals and medical offices identify patients and access their records by scanning a patient’s palm.
News
Imprivata, a Lexington, Mass.-based health IT security vendor, has acquired HT Systems, a Tampa, Fla.-based provider of palm-vein based biometric patient identification systems for approximately $19.1 million in cash at closing.